Photovoltaic panel installation scam case

Are solar panels a scam?

But so are cars, credit cards, and mortgages. Like those products, at the heart of getting solar panels is a complex and complicated consumer financial transaction. And while there are surely great and honorable solar panel companies and solar panel sales reps, there are also many scammers and scoundrels – resulting in solar panel scams.

Does rooftop solar have a fraud problem?

Rooftop solar has a fraud problem. The industry is working to build back trust A crew installs a solar array on the roof of a home in Frankfort, Ky., in 2023. PHILADELPHIA — The solar power industry is booming and that growth helps the world meet its climate goals by replacing fossil fuels.

What is Solar fraud?

In some of the more infamous solar fraud cases, there have been circumstances where solar energy groups will forge signatures, forge contracts, and run unlawful credit reports, among many other abusive sales tactics.

How do I know if a solar contract is a scam?

Pay attention to warranties, cancellation policies, payment schedules, and try to spot any hidden fees. Honest businesses will give you time to go over the terms of the contract, understand the agreement, and let you sign it in writing. To learn more, visit ftc. gov /solar. And if you spot a scam, tell the FTC.

Are you getting ripped off when buying solar panels?

Solar is expensive, no matter how you shake it. And savings sound nice, but if you get stuck with an overpriced solar panel system that's underperforming, you're going to save much less. That's why we put together these tips to avoid getting ripped off when buying solar panels -- backed by expert advice.

Why are prosecutors investigating rooftop solar?

Across the country, prosecutors are investigating high-pressure sales tactics and misleading financing arrangements. Some customers say they were victims of fraud and forgery. This threatens rooftop solar’s impressive momentum. Now, some solar companies are working to repair the industry’s reputation.